How is Natural Gas Increasing Global Energy Supply?
This post will look at natural gas's advantages in energy generation. For starters, it emits less CO2 than coal, the most often utilized fuel in power generation. Second, it is significantly less expensive than coal. Furthermore, oil indexation does not affect natural gas exports from the United States, making them more inexpensive and ecologically beneficial than coal. According to WEGA, oil indexation does not affect US LNG export levels. However, during the winter, when natural gas consumption is strongest, US LNG prices remain competitive. Because of buyer competition, LNG purchasers find it nearly hard to pass on a drop in HH costs. However, various policy issues might impact LNG prices, such as taxes, subsidies, and other economic and diplomatic actions. Furthermore, LNG exports from the United States are not subject to oil indexation and are priced at the Henry Hub, allowing them to compete with cheaper natural gas from other nations. They are also devoid of destination con...